Wall Street Unplugged - Your Best Source For Finance, Investing & Economics
These scientists believe climate change is NOT a threat
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:30:48
- More information
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Synopsis
Frank is out of the office, so I (Daniel) am taking the reins on today’s show. The latest Consumer Price Index (CPI) data is in—and the sharp rise in energy prices is dominating the report. I break down what’s behind the surge… and why the situation creates a big problem for the Fed. Speaking of energy, the International Energy Agency (IEA) expects oil demand to peak before 2030 as clean energy replaces fossil fuels. I explain why I don’t believe this will happen… and why you’d be wise to have exposure to oil & gas right now. And I highlight a report from over 1,600 scientists on why climate change isn’t as dire as the media makes it sound. The Wall Street Journal recently ran a story about how amateur investors are piling into risky option bets. I recap the article… and explain why this strategy has worse odds than the casinos in Vegas. But that doesn’t mean you can’t use it to your advantage. I share a few tips on how to turn the odds in your favor… and a brokerage firm benefiting from the